Campbell’s Company Board Appoints Mary Alice Dorrance Malone Jr. as Director

The Campbell’s Company (NASDAQ: CPB), a trusted name in American food for over 150 years, announced today that its Board of Directors has unanimously elected Mary Alice Dorrance Malone Jr. to join the Board, marking the continuation of one of the most influential family legacies in the company’s storied history.

Mary Alice Dorrance Malone Jr., age 42, is an accomplished entrepreneur and creative leader in the global fashion industry. She is the founder and chief brand director of Malone Souliers, a high-end luxury footwear label known for its elegant design, technical craftsmanship, and international appeal. With this appointment, Malone becomes the latest member of the Dorrance family—descendants of the company’s earliest innovators to help guide Campbell’s into its next era.

A Blend of Creativity and Commerce

Keith R. McLoughlin, Chair of Campbell’s Board of Directors, expressed enthusiasm about Malone’s election and what her experience brings to the table.

We are pleased to welcome Mary Alice to Campbell’s Board of Directors,” said McLoughlin. “She brings a distinctive combination of creative flair, entrepreneurial discipline, and a deep understanding of global consumer markets. Her analytical mindset, coupled with a lifetime appreciation of Campbell’s legacy, will make her a valuable contributor to the Board and to the company’s broader strategic goals.”

Malone has accumulated nearly two decades of experience in the fashion and retail industry, where she has held leadership roles spanning brand development, retail operations, international expansion, and corporate turnaround. In 2014, she founded Malone Souliers, which quickly earned global acclaim for its innovative designs, luxurious materials, and artisanal quality. The brand’s collections have been showcased at major international fashion weeks and are sold through luxury retailers in Europe, Asia, the Middle East, and North America.

In 2020, at the height of uncertainty in the retail landscape, Malone demonstrated her entrepreneurial vision by acquiring the historic British footwear brand Duo Boots, which was then undergoing bankruptcy. She successfully revived the brand, investing in manufacturing quality, product innovation, and brand repositioning, ultimately restoring Duo Boots to relevance and profitability in a highly competitive market.

A Deep-Rooted Connection to Campbell’s History

Malone’s appointment carries a symbolic weight that extends beyond her business acumen. She represents the fourth generation of the Dorrance family to serve in a leadership capacity at Campbell’s, preserving a tradition that has helped shape the company’s identity for more than a century.

She is the great-granddaughter of Dr. John T. Dorrance, the chemical engineer credited with inventing condensed soup — a breakthrough that transformed both the company and the food industry at large. Dr. Dorrance served as President of Campbell’s from 1914 until his death in 1930, helping to grow the company from a regional food supplier into a national staple.

Her grandfather, John T. Dorrance Jr., succeeded the family legacy by serving as Chair of the company’s Board from 1962 to 1984. During his tenure, Campbell’s expanded into new markets, diversified its portfolio, and cemented its place as a household name across North America.

Malone is also the daughter of the late Mary Alice Dorrance Malone, a long-serving member of the Board who passed away in June 2025. Her mother’s 35-year tenure on the Board was marked by a steadfast commitment to stewardship, corporate responsibility, and protecting the company’s core values amid industry changes.

In stepping into her mother’s former role, Malone carries forward both the responsibilities and the enduring philosophy of generational continuity — balancing tradition with forward-looking innovation.

Educational and Global Perspective

Mary Alice Dorrance Malone Jr. holds a Bachelor of Arts degree in International Politics from Elon University, a liberal arts institution in North Carolina. Her education provided a foundational understanding of global systems, negotiation, and macroeconomics — all of which have informed her ability to navigate international business environments.

She later pursued advanced studies in fashion design and manufacturing at University of the Arts in Denver and the London College of Fashion, where she developed the design and technical skills that would become central to her entrepreneurial ventures.

This combination of political insight, creative design, and practical business training gives Malone a unique and multidimensional perspective on brand strategy, consumer behavior, and global markets — all increasingly vital competencies for modern consumer goods companies like Campbell’s.

A Modern Voice in a Transforming Industry

Malone’s election to the Board comes at a time when Campbell’s is navigating a rapidly changing food and beverage landscape. From shifting consumer preferences to digital commerce and sustainability imperatives, the company is evolving its portfolio, operations, and brand strategies to remain competitive and relevant.

Her track record in leading premium brands through strategic growth and market repositioning aligns well with Campbell’s renewed focus on innovation, brand storytelling, and consumer engagement. Her experience in e-commerce, social media-driven marketing, and global retail ecosystems is expected to bring fresh insight to Campbell’s Board discussions.

Moreover, Malone’s experience working with artisans, manufacturers, and suppliers in Europe and Asia also aligns with Campbell’s increasing attention to supply chain resilience and responsible sourcing — key elements in the company’s ESG (Environmental, Social, and Governance) commitments.

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